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Meticulous Research® reports that the global seed treatment machine market, focusing on coating and drying processes, is expected to reach $1.53 billion by 2029, with a CAGR of 7.2% from 2022 to 2029. In terms of units, the market is projected to grow to 331,357 units by 2029, at a CAGR of 3.6% during the same period. Key drivers of market growth include increasing attention to seed and worker safety, the need for improved crop yield and quality, and advances in seed treatment technology. Nevertheless, the high cost and complexity of advanced seed treatment machines may limit their widespread adoption.
The market is segmented by type, covering drum coaters, rotary drum dryers, fluidized bed dryers, rotostat coaters, and other seed treatment equipment, as well as by crop type, including cereals & grains, oilseeds, fruits and vegetables, pulses, and others. The report also evaluates competitors and offers a region-specific market analysis.
In 2022, drum coaters are expected to lead the market, both in terms of value and volume, due to their affordability, ability to provide consistent seed coating, and ease of operation. The pulses segment is forecast to experience the fastest growth during the forecast period, driven by increasing demand for protein-rich pulses and the rising popularity of plant-based protein products.
Regionally, North America is expected to dominate the seed treatment machinery market in 2022, attributed to high demand for cereal grains and supportive government policies for high-quality seed production. Meanwhile, East Asia is forecast to witness the highest CAGR throughout the forecast period.
The seed treatment machinery market is moderately competitive, with several global, regional, and local players. Leading companies in the market include AKYUREK TECHNOLOGY (Turkey), Alvan Blanch Development Company Ltd (U.K.), Bayer AG (Germany), Bharat Agro-Tech Industries (India), Centor Group (Australia), Cimbria (AGCO Corporation) (Denmark), GRAINTECH (Australia), NoroGard Westrup (Denmark), Oliver Manufacturing Co., Inc. (U.S.), Osaw Agro Industries Pvt. Ltd. (India), PETKUS Technologie GmbH (Germany), RELIANCE AUTOMATION SOLUTIONS (India), SATEC Equipment GmbH (Germany), Seed Processing Holland B.V. (Netherlands), Synmec International Trading Ltd. (China), and USC, LLC (U.S.).
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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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